Sundrop Brands Limited — Others, 11-12-2024: Shareholders meeting
11-12-2024 | 07:22 pm
11-12-2024 | 07:22 pm
Agro Tech Foods Limited has reported the results of its Extraordinary General Meeting (EGM), where all eight resolutions were approved by a significant majority. Key outcomes include the alteration of the authorized share capital, approval to issue approximately 1.33 crore equity shares on a preferential basis, and a mandate for the Board to make investments up to ₹2,500 crore. Notably, Mr. Nitish Bajaj has been appointed as 'Group Managing Director,' and Dr. Om Prakash Manchanda as an independent director. The strong voting support reflects positive investor sentiment and robust governance practices, underscoring the company's growth strategy.
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